The Saudi Bahraini Investment Company (SBIC) and Bahrain Mumtalakat Holding Company (Mumtalakat) signed a Strategic Investment Cooperation agreement to expand investment opportunities across both markets. The companies aim to unlock new projects and drive long-term economic growth in Bahrain.
The agreement establishes a joint investment program targeting sectors with strong expansion potential. It focuses on technology, media, telecommunications, financial services, education, logistics, advanced construction materials, manufacturing, aerospace services, infrastructure, and real estate.
Both parties will invest in existing companies and launch new ventures to boost regional diversification, strengthen local economies, and create employment opportunities in Saudi Arabia and Bahrain.
The partnership supports the Public Investment Fund’s strategy to transform Saudi Arabia’s economy. It also highlights Mumtalakat’s ongoing effort to attract strategic partnerships and promote sustainable growth in Bahrain. Furthermore, the collaboration demonstrates a shared commitment to long-term development across the Gulf region.
SBIC, established in 2022 under PIF’s regional strategy, opened a Manama office to facilitate private sector expansion in both countries. The new agreement builds on a 2024 memorandum of understanding between PIF and Mumtalakat that focused on broadening bilateral investment cooperation.
In addition, the Strategic Investment Cooperation aims to accelerate innovation and integrate advanced technologies in key sectors. Both organizations will adopt digital and operational best practices to improve competitiveness and profitability.
Experts say the agreement strengthens the Gulf’s regional investment network. By combining capital, expertise, and market access, the partnership sets a model for future cross-border initiatives. The collaboration may also attract additional investors seeking strategic opportunities in the Gulf.
The agreement highlights Saudi Arabia and Bahrain’s shared commitment to sustainable development and economic diversification. Officials emphasized that consistent engagement, monitoring, and follow-up will ensure measurable outcomes in both markets.
Finally, the Strategic Investment Cooperation aims to position both countries as leaders in regional investment. By linking capital with innovation and sectoral expertise, the partnership seeks to generate long-term economic impact and reinforce Gulf collaboration.
